Congratulations to our client, Hall of Fame Resort & Entertainment Company, on securing financing for Phase II of development at the Hall of Fame Village powered by Johnson Controls, which will include an indoor waterpark, hotel, retail, sports, and amusements. H&LA has completed multiple feasibility studies for the proposed development and we wish our client
David J. Sangree, MAI, CPA, ISHC presented at the 2020 World Waterpark Association Annual Show. David’s presentations highlighted the necessary elements of a waterpark feasibility study and discussed why a well-researched study is essential for all waterpark developments. Check out David’s presentation on YouTube. You can follow along with the presentation via the PowerPoint presentation.
At the virtual World Waterpark Association Annual Symposium and Tradeshow, David J. Sangree, MAI, CPA, ISHC spoke about the waterpark industry in 2020 in a presentation titled, U.S. Waterpark and Waterpark Resort Trends. This presentation addressed the challenges facing the industry in 2020 due to the COVID-19 pandemic as well as projections for 2021. Click
This article explains the major components of a waterpark feasibility study that should be analyzed as part of determining the potential success of a waterpark project.
Among the many challenges facing the waterpark industry in 2020, one of the biggest questions on the minds of many developers is: after so many years of growth in the industry, are new waterpark projects still being financed? Financing a new construction waterpark has always been extremely difficult, but 2020 has the added complication of
Congratulations to our client, Creek Indian Enterprises Development Authority, on the announced development of the indoor waterpark in Foley. H&LA had the opportunity to complete the waterpark feasibility study for this project in 2019. Construction on OWA’s new indoor waterpark underway in Foley
At the beginning of 2020, the continuing trend of two decades of growth was expected in the waterpark industry. Major projects will open throughout the United States in both the indoor and outdoor waterpark categories totaling over $1 billion in investment in 2020. Fourteen new standalone waterparks and one resort with outdoor waterpark are anticipated
2020 will be a big year for waterparks as construction is underway on a brand new, 223,000 square foot Kalahari Resort in Round Rock, Texas. The resort will come in at $550 million for construction, sit on 350 acres of land, and will be the largest indoor waterpark resort in the U.S. Check out some renderings of
Congratulations to our client, Wilderness Resorts and Waterparks on the announcement of their newest addition to Wilderness at the Smokies, Soaky Mountain Waterpark. H&LA completed the feasibility study for this expansion and we wish our client best of luck on this exciting expansion in 2020! Published by: Maggie Jones/Knoxville News Sentinel Published date: July 2019
This article was first published in the April Edition of World Waterpark Magazine For the ever-growing waterpark industry, 2019 will be another year for robust growth as over $1 billion in investment is slated for indoor and outdoor waterparks and their related resorts. We project 21 municipal and private outdoor waterparks will open and three
In a great presentation on waterpark and hotel feasibility methodology at the World Waterpark Association Annual Symposium and Tradeshow, David J. Sangree, MAI, CPA, ISHC laid out the basics about what to expect from a feasibility analysis and the steps taken to reach sound conclusions. David addressed the purpose of a feasibility analysis and the
Introduction The waterpark industry continues to expand in North America, with more than $1 billion in new investment in indoor and outdoor waterparks and their related resorts in 2018. Nearly 60 expansions and new facilities will open in 2018. We project 14 municipal and eight private outdoor waterparks will open, outpacing 2017’s nine municipal and
Hotel feasibility and waterpark feasibility methodology was the topic of H&LA President, David J. Sangree, MAI, CPA, ISHC at the 2017 World Waterpark Association Annual Convention and Trade Show and at the Michigan State University’s School of Hospitality. David discussed the intricacies of determining feasibility for these complex assets. Click the link below to see
The waterpark industry continues to expand in North America, with more than $550 million worth of new investment in indoor and outdoor waterparks and their related resorts in 2016.
The waterpark industry continues to expand in North America, with more than $500 million of new investment in indoor and outdoor waterparks and their related resorts in 2015.